Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart
CEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday. Source:CoinDesk
Trump administration is illegally delaying student-debt forgiveness for tens of thousands of public servants, lawsuit alleges
Teachers, nurses and other borrowers have waited years for approval to complete their payment obligation and access debt relief, the suit claims.…
Private equity in your 401(k)? Heed Warren Buffett’s warning.
About 52% of people with a workplace retirement plan say they would invest in private assets if they were available in their company’s plan. Source:MarketWatch
In a wild October for markets, these stocks were the biggest winners and losers
Many Big Tech stocks were hit hard but the S&P 500 showed strength under the surface, with a majority of stocks showing gains for the month. Source:MarketWatch
Data centers are a political third rail. West Virginia is grabbing it anyway.
West Virginia wants more data centers, even as other states slam the brakes on them. Source:MarketWatch
This strategist correctly recommended shorting Big Tech debt last year. Now he says the yields make it attractive.
Yields ranging from 6% to 8% on tech bonds provide more competition against stocks than before. Source:MarketWatch
Wall Street analysts urge investors to buy crypto stocks after $6.3 billion Binance hack
Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the $6.3 billion Binance hack is unlikely to derail the crypto market's recovery. Source:CoinDesk
This Halloween, are king-sized candy bars a better deal than fun-sized ones?
Several TikTokers influencers claim you can save money and be the coolest house on the block with bigger candy this year. Let’s see how that adds up.…
AMD’s stock slides after Intel earnings reveal two big issues
Intel is struggling to make enough AI server chips and dealing with a weak PC market. Investors will soon find out the degree to which AMD is suffering from…
Will gold’s ‘infinite mint bug’ make Bitcoin more valuable?
A US fusion startup says it has turned mercury into gold. Could a potential increase in the gold supply strengthen Bitcoin’s claim to be a better form of…
Binance says it holds $5B in matching tokens to cover hack losses
The exchange said it set aside more than $6.34 billion to cover losses and would include the assets in its next proofofreserves report. Source:Cointelegraph
This one chart tells you everything you need to know about Exxon, Chevron and BP’s forecast-beating earnings
One slide in ExxonMobil’s investor presentation after its thirdquarter earnings explains the financial situation for the integrated oil giants very neatly.…